Investing in Shopping Center REITs - Kimco Realty (KIM)

Hoya Capital

Investing in Shopping Center REITs - Kimco Realty (KIM) In the News All KIM Jan 24 Written By Alex Pettee, CFA Hoya Capital Kimco Realty (KIM) is a publicly traded REIT specializing in owning and operating a portfolio of open-air shopping centers. Kimco owns interests in 567 properties across major metro markets in the United States, comprising approximately 101 million square feet of gross leasable area. Continue reading ▶︎ Interviews Press All Discussion With KIM Alex Pettee, CFA Transcript Connor Thank you so much for joining us today it's so great to see you um happy New Year to you and the entire Kimco team and uh we're so excited you know it's right ahead of earning season I know there's a lot of fun stuff that's on the horizon here so do you see my screen do you see the little tile card up on the screen so I figure what we would do is I got a handful of questions teed up we'll spend a couple of minutes on them and then we'll go through it how's that sound sounds great thanks for having me awesome here's a softball for you Connor walk us through the history of Kimco and for those that don't know the founder is basically the Godfather of the Reit industry so talk about milt's importance to the Reet industry as well yeah it's it's it's a good way to kick off David because a lot of obviously the DNA of Kimco comes from Milton Cooper and his founding partner Marty Kimmel as well so Milton Cooper and Marty Kimmel uh really formed kimko in a handshake they didn't have any um documents which is pretty remarkable um we started off as a private organization um doing a little bit of what all private real estate organizations do a little bit of everything they were um in retail but they were also in apartments ...